Provided we have a weekly or a monthly close below $38k and the 1 year developing value area top will force selling pressure to further downside pretty fast. If price trades below the lower low on the bull run of November on the daily time frame we can confirm an official trend change and an end to the bull run until a correction has finished (It's way too long...
By the look of the Current Market Conditions, it seems that Gold has reached its High I looking to take all Sell Orders if the Market Makers are interested in the Liquidity at 1780 levels or further down at the 1733 levels let's see what happens GOOD LUCK TRADERS
Banknifty has shown resilience to FII selling, RBI announcement today seems to have altered the nature of market. However not much has changed we presume three possibilities around which a probable expiry day plan can be traced. A strangle of 33100CE and 32800 PE trading around 373 a pair seems a good bet to ride tomorrow . All the best
In the coming sessions, participants will want to pay attention to where the S&P 500 trades in relation to its $4,186.75-$4,110.50 balance area. Balance (Two-Timeframe Or Bracket): Rotational trade that denotes current prices offer favorable entry and exit. Balance-areas make it easy to spot change in the market (i.e., the transition from two-time frame trade,...
In the coming sessions, participants will want to pay attention to where the S&P 500 trades in relation to Friday’s open-high-low-close (OHLC). Any activity above Friday’s regular trade-low suggests participants are not yet done discovering higher prices. Trading below Friday’s low suggests an inclination by participants to (1) form a consolidation area that...
On this chart I try to help you visualise the following: Resistance and Support levels using simple boxes or the help of the Volume Profile indicator. Divergence, Accumulation and FOMO using Volume bars versus price using only chart candles and the Volume bars indicator Top longing visualised with candles and the Volume Profile indicator Top longers, where...
That 9 EMA is lurking underneath that 21 EMA Sitting at an area of support Got a bullish catalyst with some price target upgrades Sitting above the point of control on the vol profile Trading at key fib levels. We should see a 9/21 bullish cross at the upside cross of the 50% fib, to try to retest the downtrend resistance.
On USD/JPY is nice to see strong sell-off from the price 104.28 , there is nice to see strong volume areas.... Where is lot of contract accumulated... I thing that sellers from this area will be defend this short position... and when the price come back to this area, strong sellers will be push down the market again... Strong sellers + Sell-off + Strong volume...
Alongside news that President Trump halted relief talks with Democrats until after the election, markets fell apart, retesting the prior week balance and the VWAP anchored from the September highs. Since the cash close, markets have recovered substantially off their overnight lows alongside comments Trump could send $1,200 checks to Americans. The action has been...
Price has approached a Low Volume node with decent momentum, the low volume will not support the price rally, a reversal is expected to the down side. Target will be the demand zone below, considering that we have great liquidity just above the demand zone, that would enable big institutions to push the price higher from that point on.
initiating a position / KSM - Kusama - KSMUSDT @ support
TRB updated linear regression analysis...
TRB- volume coming in is heavy and price no longer falling = accumulation. low risk entry.
Description: An analysis for the week ahead. Points of Interest: $3,200 High Volume Area; Friday’s Divergence From Value; Balance Area. Technical: Broad-market equity indices ended lower with the S&P 500 correcting as low as $3,200. Recapping last week’s action, Monday's test of the $3,200 high-volume area offered responsive buyers an opportunity to...